Year's
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FCC Construction to reach 150m-euro turnover in 2 years
Within three years, Spanish giant FCC Construction has worked its way up from a single contract to around seven projects worth approximately 200m euros, with the value likely to increase to...
Deloitte: Consultancy market will see rapid growth for next 5 years
The consultancy market will grow at a rapid rate and register over two-digit increases, so long as foreign investors keep coming in search of yields superior to those of other economies in t...
Bram Boon's achievements at ING after four years
This October, after 4 years at the helm of ING Asigurari, Bram Boon will take over ING's Greek subsidiary. In Romania, he will leave behind an insurance business that has doubled turnover si...
In four months, bankers make half of last year's profit
Banks have continued their race to derive an annual profit worth one billion euros, after they derived almost half last year's overall net profit, worth around 825 million euros, four months...
Romania launches eurobonds after 5 years
The Finance Ministry made a surprise move on the international capital markets yesterday and launched the ten-year-eurobond issue prepared since as early as the end of last year. As a result...
Consultancy was last year's best-paid job in Bucharest
The highest income earned in Bucharest last year was derived by someone working in business and management consulting. The record salary - 2.47 million RON (about 743,000 euros), was registe...
Romania, core CEE market for Lufthansa in five years
Regular airline Lufthansa forecasts a two-digit domestic growth rate this year, with Romania likely to become the leading CEE market for the company. "Romania is one of the top CEE countries...
Ten years not enough to match Western productivity
Cezar Coraci, chairman of the General Union of Romania's Industrialists UGIR 1903, says the lack of a skilled workforce, the high indirect costs of business and the instability of the fiscal...
Drumul Taberei, another 5,000 new flats in 5 years
What strategy does the Spanish firm have for the building of around 5,000 flats without blocking the congested traffic of this area of Bucharest? Gran Via wants to change the image of wester...